The Justice Department is preparing to file an antitrust lawsuit against Apple as soon as March, sources familiar with the case told Bloomberg’s Leah Nylen. The Justice Department hopes to file a suit in the first quarter of the year, though that timing could slip, the sources said. The New York Times’ David McCabe and Tripp Mickle previously reported on January 5 that The Justice Department is in the late stages of an investigation into Apple and could file a “sweeping antitrust case” aimed at the company’s strategies to protect the dominance of the iPhone as soon as the first half of this year.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AAPL:
- Apple (NASDAQ:AAPL) Lands a Supreme Court Win
- What You Missed This Week in Video Games
- Boeing downgraded, Target upgraded: Wall Street’s top analyst calls
- Goldman Sachs continuing to reduce drag from Apple partnership, says CEO
- Goldman Sachs continuing to work with Apple on credit card partnership, says CEO